Tuesday, February 04, 2014

Obama Winter: CBO says ObamaCare to cost 2 million jobs

Obama Winter--stuck in the snow
The stimulus never brought us Recovery Summer. But ObamaCare heralds Obama Winter.

From the Republican Congressional Campaign Committee:
A new report from the non-partisan Congressional Budget Office should pour cold water on Democrats who continue to deny that ObamaCare is a massive burden on the economy.

According to the CBO, ObamaCare will push approximately 2 million workers out of the labor market by 2017, as the law’s perverse incentives and regulations roll into effect. The latest estimate from the CBO is substantially larger than its previous analysis.

The report also finds that the economic burden is most likely to be felt among low-wage employees. Instead of trying to score political points by attempting to raise the minimum wage, shouldn't Democrats focus on repealing ObamaCare and providing real economic relief to American workers?
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